Advisors Asset Management Inc. Reduces Position in SolarEdge Technologies, Inc. $SEDG

Advisors Asset Management Inc. lessened its holdings in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) by 38.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,515 shares of the semiconductor company’s stock after selling 5,935 shares during the period. Advisors Asset Management Inc.’s holdings in SolarEdge Technologies were worth $154,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Northern Trust Corp increased its holdings in shares of SolarEdge Technologies by 3.2% in the fourth quarter. Northern Trust Corp now owns 244,903 shares of the semiconductor company’s stock valued at $3,331,000 after purchasing an additional 7,487 shares during the last quarter. Mercer Global Advisors Inc. ADV acquired a new stake in shares of SolarEdge Technologies in the fourth quarter valued at approximately $145,000. Deutsche Bank AG increased its holdings in shares of SolarEdge Technologies by 3.8% in the fourth quarter. Deutsche Bank AG now owns 147,968 shares of the semiconductor company’s stock valued at $2,012,000 after purchasing an additional 5,363 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of SolarEdge Technologies by 156.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 612,392 shares of the semiconductor company’s stock valued at $8,311,000 after purchasing an additional 373,577 shares during the last quarter. Finally, ProShare Advisors LLC acquired a new stake in shares of SolarEdge Technologies in the fourth quarter valued at approximately $159,000. Hedge funds and other institutional investors own 95.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Oppenheimer reaffirmed a “market perform” rating on shares of SolarEdge Technologies in a report on Monday, August 11th. Guggenheim increased their price target on shares of SolarEdge Technologies from $5.00 to $7.00 and gave the company a “sell” rating in a research note on Monday, August 25th. The Goldman Sachs Group increased their price target on shares of SolarEdge Technologies from $27.00 to $31.00 and gave the company a “neutral” rating in a research note on Thursday. Wells Fargo & Company increased their price target on shares of SolarEdge Technologies from $15.00 to $24.00 and gave the company an “equal weight” rating in a research note on Friday, August 8th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $23.00 price target (up previously from $18.00) on shares of SolarEdge Technologies in a research note on Tuesday, July 15th. Seventeen investment analysts have rated the stock with a Hold rating and ten have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $18.37.

SolarEdge Technologies Trading Down 1.8%

SEDG opened at $28.97 on Friday. SolarEdge Technologies, Inc. has a 52 week low of $10.24 and a 52 week high of $35.77. The business has a fifty day simple moving average of $28.80 and a 200-day simple moving average of $20.92. The firm has a market cap of $1.72 billion, a P/E ratio of -0.97 and a beta of 1.50. The company has a quick ratio of 1.42, a current ratio of 1.94 and a debt-to-equity ratio of 0.72.

SolarEdge Technologies (NASDAQ:SEDG) last released its quarterly earnings results on Thursday, August 7th. The semiconductor company reported ($0.81) EPS for the quarter, hitting the consensus estimate of ($0.81). SolarEdge Technologies had a negative return on equity of 191.53% and a negative net margin of 177.64%.The business had revenue of $289.43 million during the quarter, compared to analyst estimates of $270.03 million. During the same period last year, the business posted ($1.79) earnings per share. The company’s quarterly revenue was up 9.0% on a year-over-year basis. SolarEdge Technologies has set its Q3 2025 guidance at EPS. On average, equities analysts expect that SolarEdge Technologies, Inc. will post -4.54 earnings per share for the current year.

SolarEdge Technologies Company Profile

SolarEdge Technologies, Inc, together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.